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Shandong Intco Recycling Resources Co (SHSE:688087) Gross-Profit-to-Asset % : 15.78% (As of Mar. 2024)


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What is Shandong Intco Recycling Resources Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Shandong Intco Recycling Resources Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥672 Mil. Shandong Intco Recycling Resources Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥4,257 Mil. Therefore, Shandong Intco Recycling Resources Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 15.78%.


Shandong Intco Recycling Resources Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Shandong Intco Recycling Resources Co's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shandong Intco Recycling Resources Co Gross-Profit-to-Asset % Chart

Shandong Intco Recycling Resources Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 108.94 41.03 33.50 21.33 18.18

Shandong Intco Recycling Resources Co Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.61 19.02 19.95 16.56 15.78

Competitive Comparison of Shandong Intco Recycling Resources Co's Gross-Profit-to-Asset %

For the Waste Management subindustry, Shandong Intco Recycling Resources Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shandong Intco Recycling Resources Co's Gross-Profit-to-Asset % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Shandong Intco Recycling Resources Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Shandong Intco Recycling Resources Co's Gross-Profit-to-Asset % falls into.



Shandong Intco Recycling Resources Co Gross-Profit-to-Asset % Calculation

Shandong Intco Recycling Resources Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=630.704/( (2921.948+4016.685)/ 2 )
=630.704/3469.3165
=18.18 %

Shandong Intco Recycling Resources Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=671.776/( (4016.685+4496.739)/ 2 )
=671.776/4256.712
=15.78 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Shandong Intco Recycling Resources Co (SHSE:688087) Business Description

Traded in Other Exchanges
N/A
Address
Qingtian Road, Qilu Chemical Industrial Park, Linzi District, Shandong Province, Zibo, CHN, 255414
Shandong Intco Recycling Resources Co Ltd is an innovative plastic recycling and recycling company. It is mainly engaged in the recycling and utilization of renewable plastics.

Shandong Intco Recycling Resources Co (SHSE:688087) Headlines

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